The Rise of Mutual Funds
Author | : Matthew P. Fink |
Publisher | : OUP USA |
Total Pages | : 358 |
Release | : 2011-01-13 |
Genre | : Business & Economics |
ISBN | : 0199753504 |
"A terrific new book." --- Chuck Jaffe, MarketWatch.com --
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Author | : Matthew P. Fink |
Publisher | : OUP USA |
Total Pages | : 358 |
Release | : 2011-01-13 |
Genre | : Business & Economics |
ISBN | : 0199753504 |
"A terrific new book." --- Chuck Jaffe, MarketWatch.com --
Author | : Subhamoy Das |
Publisher | : Allied Publishers |
Total Pages | : 412 |
Release | : |
Genre | : |
ISBN | : 9788184244090 |
Author | : Dunhong Jin |
Publisher | : International Monetary Fund |
Total Pages | : 46 |
Release | : 2019-11-01 |
Genre | : Business & Economics |
ISBN | : 1513519492 |
How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative pricing rules (known as swing pricing) adjust funds’ net asset values to pass on funds’ trading costs to transacting shareholders. Using unique data on investor transactions in U.K. corporate bond funds, we show that swing pricing eliminates the first-mover advantage arising from the traditional pricing rule and significantly reduces redemptions during stress periods. The positive impact of alternative pricing rules on fund flows reverses in calm periods when costs associated with higher tracking error dominate the pricing effect.
Author | : Gregory Arthur Baer |
Publisher | : Broadway |
Total Pages | : 335 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 9780767910712 |
Drawing on years of experience, two financial experts warn investors of the potential financial hazards of mutual funds, discussing the hidden costs of such funds, providing realistic insights into how such funds operate, and offering helpful advice on how to protect one's investments.
Author | : Jerry Markham |
Publisher | : Routledge |
Total Pages | : 456 |
Release | : 2015-01-28 |
Genre | : Business & Economics |
ISBN | : 1317466373 |
First Published in 2014. This book maps the issues and traces the U.S. government's efforts to properly regulate, monitor, and prevent financial speculation and price manipulation in various markets. It begins with the period from the late nineteenth century to the first congressional efforts at regulation in the 1930s and continues on to the present, with a full chapter on the legal and financial aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The book also discusses the difficulty of initiating successful prosecutions of financial fraud and price manipulation and proposes a new approach to preventing manipulative practices.
Author | : Norton Reamer |
Publisher | : Columbia University Press |
Total Pages | : 623 |
Release | : 2016-02-19 |
Genre | : Business & Economics |
ISBN | : 023154085X |
Investing—the commitment of resources to achieve a return—affects individuals, families, companies, and nations, and has done so throughout history. Yet until the sixteenth century, investing was a privilege of only the elite classes. The story behind the democratization of investing is bound up with some of history's most epic events. It is also a tale rich with lessons for professional and everyday investors who hope to make wiser choices. This entertaining history doubles as a sophisticated account of the opportunities and challenges facing the modern investor. It follows the rise of funded retirement; the evolution of investment vehicles and techniques; investment misdeeds and regulatory reform; government economic policy; the development of investment theory; and the emergence of new investment structures. Norton Reamer and Jesse Downing map these trends and profile the battle between low cost index and exchange-traded funds, on the one hand, and the higher-fee hedge funds and private equity, on the other. By helping us understand this history and its legacy of risk, Reamer and Downing hope to better educate readers about the individual and societal impact of investing and ultimately level the playing field.
Author | : John C. Bogle |
Publisher | : John Wiley & Sons |
Total Pages | : 663 |
Release | : 2009-12-02 |
Genre | : Business & Economics |
ISBN | : 0470138130 |
John C. Bogle shares his extensive insights on investing in mutual funds Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. Now, in this completely updated Second Edition, Bogle returns to take another critical look at the mutual fund industry and help investors navigate their way through the staggering array of investment alternatives that are available to them. Written in a straightforward and accessible style, this reliable resource examines the fundamentals of mutual fund investing in today's turbulent market environment and offers timeless advice in building an investment portfolio. Along the way, Bogle shows you how simplicity and common sense invariably trump costly complexity, and how a low cost, broadly diversified portfolio is virtually assured of outperforming the vast majority of Wall Street professionals over the long-term. Written by respected mutual fund industry legend John C. Bogle Discusses the timeless fundamentals of investing that apply in any type of market Reflects on the structural and regulatory changes in the mutual fund industry Other titles by Bogle: The Little Book of Common Sense Investing and Enough. Securing your financial future has never seemed more difficult, but you'll be a better investor for having read the Second Edition of Common Sense on Mutual Funds.
Author | : John C. Bogle |
Publisher | : John Wiley & Sons |
Total Pages | : 375 |
Release | : 2015-04-10 |
Genre | : Business & Economics |
ISBN | : 1119109574 |
The seminal work on mutual funds investing is now a Wiley Investment Classic Certain books have redefined the way we view the world of finance and investing—books that should be on every investor’s shelf. Bogle On Mutual Funds—the definitive work on mutual fund investing by one of finance’s great luminaries—is just such a work, and has been added to the catalog of Wiley’s Investment Classic collection. Updated with a new introduction by expert John Bogle, this comprehensive book provides investors with the wisdom of the pioneer of mutual funds to help you identify and execute the ideal mutual fund investment choices for your portfolio. The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this classic book, he provides guidance on what you should and shouldn't believe when it comes to mutual funds, along with the story of persistence and perseverance that led to this seminal work. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed "index" fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make. Consider the risks and rewards of investing in mutual funds Learn how to choose between the four basic types of funds Choose the lower-cost, more reliable investment structure See through misleading advertising, and watch out for pitfalls Take a look into this timeless classic and let Bogle On Mutual Funds show you how to invest in mutual funds the right way, with the expert perspective of an industry leader.
Author | : Louis Lowenstein |
Publisher | : John Wiley & Sons |
Total Pages | : 242 |
Release | : 2008-03-31 |
Genre | : Business & Economics |
ISBN | : 0470280204 |
Based on cutting-edge research by leading corporate critic Louis Lowenstein, The Investor’s Dilemma: How Mutual Funds Are Betraying Your Trust and What to Do About It reveals how highly overpaid fund sponsors really operate and walks you through the conflicts of interest found throughout the industry. Page by page, you’ll discover the real problems within the world of mutual funds and learn how to overcome them through a value-oriented approach to this market.
Author | : Alon Brav |
Publisher | : Now Publishers Inc |
Total Pages | : 76 |
Release | : 2010 |
Genre | : Business & Economics |
ISBN | : 1601983387 |
Hedge Fund Activism begins with a brief outline of the research literature and describes datasets on hedge fund activism.